Uzbekistan and the United States Sign 54 Agreements Worth $12 Billion

The agreements cover industry, transport, energy, critical minerals, finance, digital technology, agriculture, healthcare and education.

The agreements provide for investment, technology exchange and trade cooperation.

Deals involving Franklin Templeton, Oppenheimer & Co., Citigroup and BlackRock aim to help Uzbek companies access international capital markets, attract institutional investors and finance infrastructure projects.

Cooperation with Wabtec is intended to localize the production of railway equipment and components. GE Aerospace will supply engines for new Uzbekistan Airways aircraft.

In the mining sector, agreements were concluded with ReElement Technologies, Traxys and Trafigura. They cover mineral deposit exploration and development, technology exchange and supplies of natural resources, including critical minerals.

Other agreements envisage the development of satellite communications with Amazon Leo, the introduction of modern medical technologies with GE HealthCare, and improved agricultural efficiency through cooperation with Valmont Industries.

The business programme of the Central Asia–United States C5+1 meetings began in Samarkand on October 19.

According to the ministry, representatives of more than 400 companies are participating: over 100 from the United States, 100 from other Central Asian countries and 200 from Uzbekistan.